Commercial property for sale in Britannia House, 1st & 2nd Floors, 374-376 Anlaby Road, Hull, East Yorkshire HU3

Just added
Offers in region of £625,000 (£130.1/sq. ft)
Interested in this property? Call +44 1482 763794 * or Request Details

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Commercial property for sale

4,804 sq. ft*

Property features

  • 16 HMO flats all with ensuites and benefitting from 2 communal kitchens.
  • Situated on the main arterial road leading to Hull city centre from the west, with good public transport links.
  • Currently producing £545 per calendar month, £65,540 per annum, with a potential income of £5,705 per calendar month, £68,460 per annum.
  • Provides a gross yield of 10.49% on current income with a potential reversionary gross yield once fully let of 10.95%.
  • Situated on prominent position on Anlaby Road.

Property description

The property consists of the first and second floors which are available on 999 year long leasehold with the premises being refurbished to a high specification providing a total of 16 HMO flats all with shower and WC ensuite . An HMO Licence has been provided from Hull City Council. The first and second floors are both of similar configuration with communal kitchen facing the south elevation of the building, central corridor, three spacious self-contained rooms with shower and WC facilities to the west and 5 smaller rooms with ensuite shower and WC facilities to the east elevation. The premises is fitted to a good specification.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Garness Jones, HU1 on +44 1482 763794 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Garness Jones, and do not constitute property particulars. Please contact Garness Jones for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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